JDB, BCEL to Provide Unsecured Loans to Government Employees

(KPL) The Joint Development Bank (JDB) is now providing unsecured loans to government employees with the payments paid through Banque Pour Le Commerce Exterieur Lao (BCEL).

After government employees take loans from JDB, the accounting system of BCEL will automatically debit from their account making it easier for customer to repay loans.

On March 15 a cooperation agreement was signed for the AUTO DEBIT project at the Head Office of Joint Development Bank (JDB) between Deputy Director-General of JDB Mr. Khamhu Thongthavy, and Deputy Director-General of BCEL Mr Phansana Khounnouvong.

The project will provide loans to government employees with the objective of increasing the options available to customers in accessing funds in a stable and comfortable manner.

The provision of unsecured loans by Joint Development Bank (JDB) to government employees is the result of cooperation with several organizations and companies.